CAIRN Closes at `319.35 with a Gain Of +1.20% on 16 May 2012 with formation of a Three Outside Up Pattern Candle on Daily Price Chart .Technically, CAIRN is looking Good on Charts. Major Momentum Indicators are also Bullish. MACD is Moving Up along With RSI. Heskin Ashi is Moving Upward.
We Recommend to BUY: CAIRN Above `321.40
Target : `359/404
Stop: Loss :`304
Time Frame: 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting +91 80171 98633 end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting +91 80171 98633 end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.
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